The world’s third-largest lender by market capitalisation has announced a key change at the top, the latest in a slew of leadership reshuffles in the country’s banking sector this year. ( read original story ...)
Concerns grow over mounting margin calls as China’s stock market slides
China's stock market slump in January led to a wave of calls for investors to top up cash in their margin trading accounts, triggering fears that a further slide in share prices could spur forced ... ( read original story ...)
China Stock Market Overdue For Support On Friday
The China stock market has moved lower in four straight sessions, slumping nearly 140 points or 5.2 percent along the way. The ... ( read original story ...)
Wilson Racket Maker Amer Sports Rises Up to 6% After $1.37 Billion IPO
30, according to the filings. The company, with offices in Helsinki, Munich, Krakow and Shanghai, has more than 10,800 employees globally, the filings show. Amer Sports’ IPO was led by Goldman Sachs ... ( read original story ...)
BRICS New Development Bank issues record amount of 5-year panda bonds
SHANGHAI, Feb. 1 (Xinhua) -- The BRICS New Development Bank on Thursday announced that it has issued 6 billion yuan (about 844.5 million U.S. dollars) of five-year panda bonds in the China Interbank ... ( read original story ...)
Citi names China country officer, banking head
Citi has appointed Luke Lu as Citi country officer and head of banking for China, a role in which he will oversee all of the bank’s businesses and operations in China and will be responsible for ... ( read original story ...)
Arc’teryx Maker Amer Gets $1.3 Billion in Below-Range IPO
Amer Sports Inc. raised $1.3 billion in a US initial public offering priced below a marketed range, according to people familiar with the matter, in the second major IPO in a week to miss its target. ( read original story ...)